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WEX and Holman Expand Partnership Across U.S. and Canada

Nov 12, 2024•over 1 year ago

Contract Type

partnership

PortlandInformation TechnologySoftwareE Commerceinformation technology & services

Description

WEX has announced an expanded agreement with Holman, extending their longstanding partnership through 2030. The agreement includes leveraging WEX fleet mobility solutions as part of Holman’s offerings to its customers in the U.S., as well as expanding the commercial fleet payments partnership across Canada.

Company Information

Company

WEX

Location

1 Hancock Street

Portland, Maine, United States

About

WEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential.

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Agreement Insights

Based on industry data

Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

Contract momentum indicator

Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months